Académique Documents
Professionnel Documents
Culture Documents
,(
/.+(3("
%(2" + 7 ,.-$3 1(
5 -8 #
./3(, 2
ON
IHIGI >? ,
?QC=I
".-3$-(#.
( /IFNC=; %CM=;F .JNCG;
(( /IFNC=; ,IH?N;LC; ?H ?F ,I>?FI "F
;MC=I
((( /IFNC=; ,IH?N;LC; ?H OH ,I>?FI H?I*?RH?MC;HI
";>; M?==C
IH CH=FOR? ;FAOHIM /LI<F?G;M 2?F?==CIH;>IM
( /.+(3("
%(2" + ./3(,
$F >
?=CN =ILLC?HN? ?M H;H=C;>I G?>C;HN? F; ?GCMC
IH >? <IHIM
P?H>C>IM ;
F;M @;GCFC;M ; OH JL?=CI 58
1?MNLC==C
IH JL?MOJO?MN;LC; >? F;M @;GCFC;M
,8 /8 58+8
28;828
18 6818 +8
1?MNLC==C
IH JL?MOJO?MN;LC; >?F AI<C?LHI
.8 +8 28;828 18 6818 58+8
!%%'
4H J;L; ?MN; ?=IHIG; ?M OH =IHDOHNI >? M?=O?H=C;M J;L; F;M =;HNC
>;>?M ,8
/8
=8
28
18 R +8 R JL?=CIM ;8
68 R 58
N;F?M KO?
C #;>IM 1
+
58
;8 R 68
F;M M?=O?H=C;M ,8
/8
28
18 R +8
L?MO?FP?H ?F JLI<F?G;
G;Q
7*
8
8 9
, 8 28
,8 /8 58+8
28;828
18 6818 +8
18
18 /8
=8 ; 8 28 6 8 1 8
=8
18 2 8
IH JL?MOJO?MN;LC;
CCC $H =;>; J?LI>I 8
?F AI<C?LHI M;NCM@;=? F; L?MNLC==C
.8 +8 28;828 18 6818 58+8
8
8
9
,8 28 8 ,8
/8 58+8
28;828
18 6818 +8 8
18
18 /8
89
,8 28 8
89
,8 28 8
28;8
8 8
858 8
8
1868 8 8
F; =IH>C=C
IH ?MN
;NC=;
9
, 8 28
9
,8 28
28 ;8
9
,8 28
9
, 8 28
R F; L?MNLC==C
IH JL?MOJO?MN;LC;
,8
28;828
18 6818 918
18: 9+8 58+8:
; 8 "
1 8 2 8
18 28 18
18 .8
+; L?MNLC==C
IH JL?MOJO?MN;LC; >?F AI<C?LHI HIM >; F; ?PIFO=C
IH >? F; >?O>;
J
O<FC=;
>;>I +
FCG
8
8
7
57 18
FCG
8
8
7
57 58+8
8
8
7
2
1
57 ,8
8;828 +
6
1
9
, 8 28
28
"
18 2 8
R MCH CGJO?MNIM
JF;HC=;>IL
9
, 8 28
9
,8 28
"
1 8 2 8
%
$ !%
"O;F ?M F; G;H?L;
IJNCG; >? H;H=C;L OH A;MNI .8 ?Q
IA?HI
OM;H>I *&#
1
2
$%+ CGJO?MNIM >CMNILMCIH;HN?M
8
8 R >?O>;
$F ?D?L=C=CI CGJFC=; GCHCGCS;L ?F HCP?F >? >CMNILMCIH?M >? F; JIFNC=; CGJIM
CNCP;
*&% *+
"IH CGJO?MNIM >? MOG; D;
F; L?MJO?MN; ?M NLCPC;F
%ILS;L?GIM ; KO? ?F CGJO?MNI ; F; L?HN; >?F =;JCN;F CHC=C;F
1 M?;
=?LI
=IH 9
9
:
:
3;G<C
?H ;MOGCL?GIM >?JL?=C;=C
IH =IGJF?N;
;OHKO? HI ?M CGJIL
N;HN?
#? F; L?MNLC==C
IH JL?MOJO?MN;LC; >? F;M @;GCFC;M
8
8
7
57 ,8
28;828 +
1 61
6 8 !
18 2 8
:
28
28 ;8
R F; L?MNLC==C
IH 1
I<N?H?GIM F; &%""
&% "$'#$%+"#"
8
8 9
,8 ,8 :
28 28 9
, + !
1 2 1
8
8 99
,8 :
28:
8 9
,8 ,8 :
28 28 9
, + !
1 2 1
,8
18 28 18 .8
8
:
28
"
18 2 8 9
,8
18
9
,8 9
,8
!
18 28
$ '
#?HC?H>I
R
,8 28 18 +8 9
,8 +8 !
18 28 18
8'
,8 28 8 9
18 28 18 ,8 .8:
, 2 1 +
18 28 18 ,8 .8
', ,8 28
; F; =IH>C=C
IH ?MN
;NC=; =IHMOGII=CI
!
18 28
R ; F; =IH>C=C
IH >? @;=NC<CFC>;>
,8
18 28 18 .8
FAILCNGI
$GJ?S;L =IH OH >;>I
1?MIFP?L ?F MCMN?G; ;HN?LCIL R I<N?H?L F;M NL;R?=NILC;M J;L; 18
,8
R 28
$H=IHNL;L FIM JL?=CIM ? CGJO?MNIM KO? MIJILN;H ?M;M M?=O?H=C;M =IGI
$&"
5?LC=;L KO? M? =OGJF? F; L?MNLC==C
IH JL?MOJO?MN;LC; >?F =IHMOGC>IL
?H =;MI =IHNL;LCI
;=NO;FCS;L
!&$%
!%
!%
', ,8 28
!
18 28
', ,8 28
9
,8 9
,8 9
,8 ,8
!
18 28
9
,8 99
,8 9
,8 ,8:
?M >?=CL
,8
9
,8
9
, 8
,8
!
18 28
2C F; @OH=C
IH >? ONCFC>;> ?M CMI?F
;MNC=;
,
9
,8 8
9
,8
9
, 8
!
18 28
-O?P;G?HN?
?H OH $&"
?MNI MIFI ?M JIMC<F? MC ?F CGJO?MNI ;F =;JCN;F ?M
=?LI
%O?L; >?F ?MN;>I ?MN;=CIH;LCI
MC F; @OH=C
IH >? ONCFC>;> ?M CMI?F
;MNC=;
?F
CGJO?MNI
IJNCGI ;F =;JCN;F ?M =?LI ?H =;>; J?LI>I
2
,
8
9
,8 :
28 8
?F CGJO?MNI ;F NL;<;DI >?<? M?L N;G<C
?H =IHMN;HN? ; FI F;LAI >? F;
NL;HMC=C
IH
& $ $
%
$
%&%*"*+%" $'&)#
+; JIFNC=; M=;F
IJNCG; >?M=LCN; M
IFI FI ?M MC ?F AI<C?LHI M? =IGJLIG?N?
; OH; M?=O?H=C; >? CGJO?MNIM >?M>? ?F J?LI>I R =OGJF? =IH ?MN? JF;H
2CH ?G<;LAI
?M @
;=CF P?L KO? ?F AI<C?LHI NC?H? CH=?HNCPIM ?H =;>; J?LI>I
J;L; >?MPC;LM? >?F JF;H ILCACH;F
?H ?MN? =;MI MILJL?H>C?H>I ; F;M @;GCFC;M
=IH OH CGJO?MNI ;F =;JCN;F JIL OH J?LI>I R L?>O=C?H>I ?F CGJO?MNI ;F
NL;<;DI
+; O
HC=; G;H?L; >? MIMN?H?L OH ?KOCFC<LCI >? 1;GM?R MCH OH =IGJLIGCMI
JIL J;LN? >?F AI<C?LHI ?M G?>C;HN? OH ;LAOG?HNI >? )',+"
&%
N;F KO?
FIM ;A?HN?M =;MNCAO?H ?M? NCJI >? >?MPC;=CIH?M
"B;LC R *?BI?
"*+)","
&% '+"$
$F GI>?FI <
;MC=I HI J?LGCN? B;<F;L >? N?G;M >? >CMNLC<O=C
IH >?F CHAL?MI
"IH ;A?HN?M B?N?LIA
?H?IM ?F JLI<F?G; >? JIFNC=; M=;F
IJNCG; ?M G
;M
=IGJFC=;>I
JO?M M? H?=?MCN; OH; @OH=C
IH >? <C?H?MN;L MI=C;F KO? G;QCGCS;L
$H A?H?L;F
HI ?M =C?LNI =IH ;A?HN?M B?N?LIA
?H?IM KO? ?F CGJO?MNI ;F
=;JCN;F M?; =?LI >?J?H>?L
; >?F J?MI >? FIM NL;<;D;>IL?M ?H L?F;=C
IH ;F
J?MI >? FIM =;JCN;FCMN;M ?H F; @OH=C
IH >? <C?H?MN;L MI=C;F
2CH ?G<;LAI
MC J?LGCNCGIM OH CGJO?MNI ;F NL;<;DI KO? P;L? >? ;=O?L>I
;F HCP?F >? CHAL?MI
?F CGJO?MNI
IJNCGI ;F =;JCN;F M?AOCL
; MC?H>I =?LI
)O>>
9
, 8 28 9
, 8 :
28
;MOGCL ,
>?LCP? F; L?MNLC==CIH
8 9
,8 ,8 :
28 28 9
, + !
1 2 1
9
,8 :
28 28
IH >? JLI
?H >IH>? 28 R 28 MIH F;M BIL;M >?>C=;>;M ; =;>; NCJI >? NL;<;DI +; @OH=C
>O==C
IH MCAO? ?QBC<C?H>I L?H>CGC?HNIM ; ?M=;F; =IHMN;HN?M
;OHKO? CH=FOR? ;BIL; JIL
M?J;L;>I FIM >IM NCJIM >? NL;<;DI
=8
?H >C@?L?HN?M $F
JIL FI =O;F FIM M;F;LCIM >? =;>; NCJI >? NL;<;DI ;8 R ;8 MIH N;G<C
AI<C?LHI >?<? H;H=C;L OH; M?=O?H=C; ?Q
IA?H; >? A;MNI .8 G?>C;HN? CGJO?MNIM ;F M;F;LCI
L?=C<C>I JIL =;>; NCJI >? NL;<;DI
8
8
;F L?NILHI >?F =;JCN;F
18
R F; ?GCMC
IH
>? >?O>; /IL MCGJFC=C>;>
;MOG; KO? HI B;R =L?=CGC?HNI >? F; JI<F;=C
IH HC JLIAL?MI
N
?=HC=I R KO? F; >?JL?=C;=C
IH ?M =IGJF?N;
CGJIH?GIM 1
5;GIM ; CHNLI>O=CL OH J;L >? =;G<CIM ?H ?F JLI<F?G; /LCG?LI
MOJIHA; KO? F; @OH=C
IH
>? ONCFC>;> ?M 9
,8 :
28 >
28 2?AOH>I
MOJIHA; KO? ?F AI<C?LHI ?MN
; ;BIL;
L?MNLCHAC>I ; =I<L;L ?F GCMGI CGJO?MNI ; =;>; NCJI >? NL;<;DI
C?
8
8
P #?H; ?F HO?PI JLI<F?G; >? 1;GM?R 2OA?L?H=C; J;L; CGJIH?L KO? FIM CGJO?MNIM ;
=;>; NCJI >? NL;<;DI M?;H CAO;F?M
JO?>? CH=ILJIL;L ;F JLI<F?G; F; L?MNLC==C
IH : "
> "
PC 1?MO?FP; ?F HO?PI JLI<F?G; >? 1;GM?R R GO?MNL? KO? ?H ?MN;>I ?MN;=CIH;LCI ?F
CGJO?MNI I
JNCGI ;F =;JCN;F HI ?M =?LI
; G?HIM KO? M? =OGJF; KO?
" !" (HN?LJL?N? ?MN? L?MOFN;>I
" !"
-IN; $MNIM >IM JLI<F?G;M @O?LIH NIG;>IM >?F FC<LI >? 2;LA?HN R +DOHKPCMN
,)*"- )&&%&$" !&).
";JNOFI
(( /.+(3("
,.-$3 1(
"
IGI CHNLI>O=CL >CH?LI ?H ?F GI>?FI >? =L?=CGC?HNI H?I=F
;MC=I
-?=?MCN;GIM ;FAOH; L;S
IH J;L; KO? FIM ;A?HN?M ?M=ID;H I
JNCG;G?HN? G;H
N?H?L OH MNI=E >? >CH?LI ?HNL? J?LI>IM
L?HOH=C;H>I ; CHP?LNCLFI ?H ;=NCPIM
KO? I@L?=?H OH L?NILHI JIMCNCPI
#CH?LI ?H F; @OH=CIH >? ONCFC>;>
,INCPIM NL;HM;==CIH;F?M
*! "% -%
,I>?FIM >? <
OMKO?>;
= ";LFIM 4LLONC;
$'
9 ,8 ,8 :
28
"&#
8
8 9 ,8 ,8 :
28
$8=8 (828
=8 28
$ '
"&#
!%%'
"IGI P?L?GIM G
;M ;>?F;HN?
?F AI<C?LHI CHNLI>O=? OH; >CMNILMC
IH ?H F;
?=IHIG; ;F ?GCNCL >CH?LI
+IM 3?IL?G;M >?F !C?H?MN;L HI M? =OGJF?H
8
8 9 ,8 ,8 :
28 8 $8,8 #8 %88
!
9 ,8 ,8
F; =IH>C=C
IH ?MN
;NC=;
$8
$8%8
:
28
9 ,8 ,8
(8$8
R F; =IH>C=C
IH >? HI;L<CNL;D?
#? F; L?MNLC==C
IH
N?H?GIM
$8 ,8 #8
$8
#8
,8
FO?AI
OM;H>I F; ?=O;=C
IH >? $OF?L R F; =IH>C=C
IH >? HI ;L<CNL;D?
/IL O
FNCGI
=IG<CH;H>I F;M L?MNLC==CIH?M JL?MOJO?MN;LC;M >?F =IHMOGC>IL
L?JL?M?HN;NCPI R >?F AI<C?LHI R OM;H>I F; L?MNLC==C
IH >?
R FIM JL?=CIM
>? ?KOCFC<LCI
I<N?H?GIM F; =IH>C=C
IH >? @;=NC<CFC>;>
,8 ,8 28
1?MOGC?H>I
F;M P;LC;<F?M L?;F?M >?F ?KOCFC<LCI =IGJ?NCNCPI J;L; ?MN; ?=IHIG;
?MN
;H =;L;=N?LCS;>;M JIL
9 ,8 ,8
:
28
4H; P?S B;FF;>;M F;M P;LC;<F?M L?;F?M >?F GI>?FI
JI>?GIM ?H=IHNL;L F; N;M;
>? CHN?L
?M HIGCH;F =IG<CH;H>I F; ?=O;=C
IH >? $OF?L R F; =IH>C=C
IH >? HI
;L<CNL;D?
9 ,8 ,8
/8 %8
9 ,8 ,8
3;G<C
?H JI>?GIM ?H=IHNL;L F; N;M; >? CH;=C
IH
; J;LNCL HO?P;G?HN? >?
F; ?=O;=C
IH >? $OF?L
/8
$
8
$8
9 ,8 ,8 9 ,8 ,8
-
IN?M? KO? ?MNIM L?MOFN;>IM MIH =IHMCMN?HN?M =IH F; ,"
&% "*!)
/8
68
8
9 ,8 ,8
:
28
9 ,8 ,8
/8
9 ,8 ,8
,8 ,8 28
$ %#
$ ( ! # #
8 #8
9 =8 #
$ $
8 #8
9 =8 #
$8 $8
/8
$MN; ?=O;=C
IH >?H? CGJF=CN;G?HN? OH; >?G;H>; L?;F JIL >CH?LI
KO?
>?J?H>? CHP?LM;G?HN? >? F; N;M; >? CHN?L
?M HIGCH;F R >CL?=N;G?HN? >?F
HCP?F >? JLI>O=NI
/IL ?D?GJFI
=IH 9 ,8 ,8 FIA ,8
FIA ,8 N?H?GIM
#8
=8
$8
/8
=IH
:8
/8
+; -#&" "),#"
&% ?H ?F GI>?FI >?J?H>? >CL?=N;G?HN? >? F; N;M;
>? CHN?L
?M HIGCH;F
2OJIHA;GIM KO? GOFNCJFC=;GIM F; =;HNC>;> >? >CH?LI >? =;>; J?LI>I JIL
OH GCMGI @;=NIL
#
#
8
8
8
+I O
HC=I KO? =;G<C; ?M F; NL;R?=NILC; J;L; FIM JL?=CIM
$8 $8
(
(
8
8
8
8
% $
%
%#
$H ?MN;>I ?MN;=CIH;LCI
9
, ,
:
2
9 , ,
9 , ,
$MN;M NL?M ?=O;=CIH?M >?N?LGCH;H FIM P;FIL?M >? ?KOCFC<LCI >? 2
, R ,
4H ;OG?HNI ')$%%+ ?H F; N;M; >? =L?;=C
IH >? >CH?LI
;O
G?HN; ?F =IHMOGI >?F <C?H NCJI
L?>O=? F; I@?LN; >? NL;<;DI R =IHNL;? ?F
JLI>O=NI
N;G<C
?H >? G;H?L; J?LG;H?HN?
9 , ,
/
9 , ,
5?;GIM ;BIL; KO? I=OLL? =IH OH =BIKO? N?GJIL;F ; F; =;HNC>;> >? >CH?LI
$H J;LNC=OF;L
MOJIHA;GIM KO? #8#8
8
J?LI ##
$H ?F J?LI>I
F; ?=IHIG; =IHP?LA? CHMN;HN
;H?;G?HN? ;F ?MN;>I ?MN;
=CIH;LCI ;HN?LCIL
J?LI ?H ?F J?LI>I >?<? M;NCM@;=?L ?F MCMN?G;
9 , ,
:
2
9 , ,
,
,
/;L; ?F =;MI ?MJ?=C;F 9 ,8 ,8 FIA ,8
FIA ,8
F;M =IH>C=CIH?M >?
JLCG?L IL>?H KO?>;H
:
28
,8
#8
,
8
#8
,8
#8
#8
28:
28
!%
#
8
8 9 ,8 ,8 :
28
7*
9 ,8 ,8
:
28
+;M =IH>C=CIH?M JLCG?L; R N?=?L; =ICH=C>?H =IH F;M KO? I<NOPCGIM L?
MIFPC?H>I ?F >?F GI>?FI >? *! "% -%
BIL; <C?H
?H P?S >? F; M?AOH>; =IH>C=C
IH
N?H;GIM ?H >C=BI GI>?FI OH;
?=O;=C
IH KO? >?N?LGCH;<; F; N;M; >? CHN?L
?M HIGCH;F
8
9 ,8 ,8
9 ,8 ,8
5?GIM KO? J;L; CAO;F;L F;M ONCFC>;>?M G;LACH;F?M >?F =IHMOGI >? ;G<IM
NCJIM >? <C?H?M
L?KO?LC>I J;L; KO? F; MIFO=C
IH M?; OH
IJNCGI >? /;L?NI
F; N;M; >? CHN?L
?M HIGCH;F >?<? M?L =?LI ?H =;>; J?LI>I
0O
? CGJFC=;
?MNI ?H N
?LGCHIM >? F; JIFNC=; GIH?N;LC;
$H A?H?L;F ?M >C=CF =;L;=N?LCS;L ?F NCJI >? JIFNC=;M GIH?N;LC;M =IHMCMN?HN?M
=IH OH; N;M; >? CHN?L
?M HIGCH;F CAO;F ; =?LI
+; L;S
IH ?M KO?
<;DI F; L?AF; >? %LC?>G;H
F; L?MNLC==C
IH
HI NC?H? KO?
=OGJFCLM? =IH CAO;F>;>
JIL FI KO? HI ?M H?=?M;LC;G?HN? =C?LNI KO?
$8 ,8 #8
$8
#8
,8
"IF? R *I=B?LF;EIN;
GO?MNL;H KO? F; N;M; >? CHN?L
?M HIGCH;F ?M
CAO;F ; =?LI ?H =;>; J?LI>I MC R MIFI MC
FCG #8
8
#8
GCH
8
8
CGJF?G?HN; OH O
HC=I ?KOCFC<LCI ?H ?F =O;F M? M;NCM@;=? F; L?AF; >? %LC?>G;H
8
8
$MN? ?KOCFC<LCI =IHP?LA? ; OH ?MN;>I ?MN;=CIH;LCI MCH >CH?LI R MCH CH;=C
IH
$ (
#
O
H ?H ?F =;MI ?H KO? ?F AI<C?LHI N?HA; ;==?MI ; CGJO?MNIM >? MOG;
D;
F; L?AF; >? %LC?>G;H JO?>? HI M?L CGJF?G?HN;<F?
2C F;M NL;HM@?L?H=C;M &8 MIH ?Q
IA?H;M M? L?KOC?L? >?F CGJO?MNI CH;=C
IH
J;L; H;H=C;LF;M
&$"%%" *#
&8
8
9
#8 #8
8 8:
#
/IL FI N;HNI
J;L; CGJF?G?HN;L N;M;M >? CHN?L?M HIGCH;F?M CAO;F?M ; =?LI
?M H?=?M;LCI KO? ?F AI<C?LHI G;HN?HA; OH MOJ?L;PCN M=;F
NL;HM@?L?H=C;M
H?A;NCP;M ?H P;FIL JL?M?HN? KO? J?LGCN; =O<LCL ?F P;FIL >? F; >?O>; J
O<FC=;
R F; =;HNC>;> >? >CH?LI CHC=C;F?M
"IHMC>?L?GIM G
;M ?H >?N;FF? F; JIFNC=; GIH?N;LC; =O;H>I B;R >IGCH;H=C;
M=;F 2OJIHA;GIM KO? CHC=C;FG?HN? #8 #8
8
R &8
8
R
;H;FC=?GIM ?F ?@?=NI >? >IM JIFNC=;M ?QJ;HMCP;M ?H ?F J?LI>I
$',*+& %"
&%
# R ;OG?HN;L &
G;HN?HC?H>I
8
N;F KO?
OG?HN;L #
8
# &
#
')"
&% )&
")+&
# =IH
G;HN?HC?H>I &
8
N;F KO?
OG?HN;L #
8
# %
#
=8 28
+; @;GCFC; L?JL?M?HN;NCP; G;QCGCS; MO ONCFC>;> CHN?LN?GJIL;F
8
MOD?NI ; F; L?MNLC==C
IH >? =;MBCH ;>P;H=?
$8,8 #8
R F; L?MNLC==C
IH JL?MOJO?MN;LC;
$8,8 #8 8 (828
8 8
&8
#8 $8,8
?M
?H >IH>? 8 L?JL?M?HN;H JL
?MN;GIM ?H >CH?LI ?HNL? @;GCFC;M
? 8 ?M F; N;M; >? CHN?L
HIGCH;F ;MI=C;>; ; ?MNIM JL?MN;GIM $H ?KOCFC<LCI
F; I@?LN; H?N; >? JL?MN;GIM ?M =?LI
%CH;FG?HN?
?F AI<C?LHI ?H@L?HN; F; L?MNLC==C
IH JL?MOJO?MN;LC;
&8 8#8
?H >IH>? 8 ?M F; N;M; >? =L?=CGC?HNI >? F; I@?LN; GIH?N;LC; ?H ?F J?LI>I 8
C #?H; OH ?KOCFC<LCI =IGJ?NCNCPI J;L; ?MN; ?=IHIG;
;MOG; KO? F; L?MNLC==C
IH >? =;MB
CH;>P;H=? M? =OGJF? =IH CAO;F>;>
CC ";L;=N?LC=? FI G?DIL JIMC<F? ?F ?KOCFC<LCI
B;FF? F;M ?=O;=CIH?M >? $OF?L
HI;L<CNL;D?
=IHMOGII=CI
@;=NC<CFC>;>
?N=
8
8
28
8
8
,8
R ?F HCP?F >? JL?=CIM
JIL
$8
8
8
8
#8
$H FIM MCAOC?HN?M CH=CMIM
ONCFC=? FIM MCAOC?HN?M P;FIL?M J;L; FIM J;L
;G?NLIM >?F GI>?FI
PCC 2OJIHA; H;FG?HN? KO? # R KO? 8
8 ";F=OF? R AL;KO? F;M
NL;R?=NILC;M J;L; F;M GCMG;M P;LC;<F?M R =IGJ
;L?F;M =IH F;M I<N?HC>;M ?H
CP "O;F ?M ?F
CGJ;=NI >? OH ;OG?HNI J?LG;H?HN? ?H F; N;M; >? =L?;=C
IH >? >CH?LI MI<L? F;M P;LC;<F?M
>?F GI>?FI
8 9 ,8 9 ,8 :
28
MOD?NI ; F; L?MNLC==C
IH >? =;MBCH ;>P;H=?
$8,8 #8
R F; L?MNLC==C
IH JL?MOJO?MN;LC;
$8,8 #8 %88
8 (828 8
#8 $8,8
?H >IH>? 8 L?JL?M?HN;H <IHIM HIGCH;F?M ?GCNC>IM JIL ?F AI<C?LHI ; OH JL?=CI %8
$F AI<C?LHI ?H@L?HN; F; L?MNLC==C
IH JL?MOJO?MN;LC;
$8.8 8(828
#8 #8
%88 8
IA?H; >? A;MNI $F MOJO?MNI =F;P? ?M KO? ?F AI<C?LHI
?H >IH>? .8 ?M OH; M?=O?H=C; ?Q
HI NC?H? ;==?MI ; CGJO?MNIM >? MOG; D;
JIL FI KO? >?<? H;H=C;L MO A;MNI G?>C;HN?
CGJO?MNIM
>CMNILMCIH;HN?M ;F NL;<;DI
?F CGJO?MNI CH;=C
IH R F; ?GCMC
IH >? >?O>; /IL FI
N;HNI
?F I
JNCGI >? /;L?NI HI JO?>? M?L ;F=;HS;>I /IL O
FNCGI
F; ?GJL?M; L?JL?M?HN;NCP;
IJ?L; OH; N?=HIFIA; >?M=LCN; JIL F; @OH=C
IH >? JLI>O==C
IH FCH?;F
=8 28
/IL MCGJFC=C>;>
;MOG; KO? HI B;R JLIAL?MI N
?=HC=I HC =L?=CGC?HNI >? F; JI<F;=C
IH
+8
9 ,8
,8
9 ,8
,8
,O?MNL? KO? F; L?AF; >? %LC?>G;H
8 ?M OH; MIFO=C
IH ;F JLI<F?G; >? 1;GM?R MC R
MIFI MC F; L?MNLC=C
IH >? =;MBCH;>P;H=? M? =OGJF? =IH CAO;F>;>
,
8 38 R
GC?HNL;M KO? MC F; L?AF;
IJNCG; ?M G;HN?H?L OH; N;M; >? CHN?L
?M HIGCH;F
=IHMN;HN?
J?LI JIMCNCP; (HN?LJL?N? ?MN? L?MOFN;>I
((( /.+(3("
,.-$3 1(
$- 4- ,.#$+. -$.*$7-$2( -.
$H =IGJ;L;=C
IH =IH FIM GI>?FIM =F
;MC=IM
FIM GI>?FIM H?I*?RH?MC;HIM
CH=FOR?H
"IGJ?N?H=C; GIHIJIFMNC=; ?H ?F G?L=;>I >? <C?H?M
?H >IH>?
,8
8 99
,8 :
28:
,8
/
-/
1?MNLC==C
IH JL?MOJO?MN;LC;
?H N
?LGCHIM HIGCH;F?M
$8
/ ,8
/ -/ %88 8 (828 &8
$8
/ JL?=CI >? F; P;LC?>;> / 9 :
%8 JL?=CI >?F <IHI HIGCH;F
8 =;HNC>;> >? <IHIM ;>KOCLC>IM BIR
&8 NL;HM@?L?H=C;M >? MOG; D;
>CPC>?H>IM
(8
$8
/
$
#" % $
#"8 %
3*6194 ,3.
$8
/ 8
$8
/
8
$8
/
$8
/ $8
/
$8
$8
/
8
$8
/ $8
/
%8 $8
/ 8
$8
/ (828
/
$8
8
8
$8
/ 828
/
8
?H >IH>? %8 7 %7 =IH %7 ?M ?F @;=NIL >? >?M=O?HNI >?
78
F; ?GJL?M;
"&#
4H J;L; ?MN; ?=IHIG; ?M OH =IHDOHNI >? M?=O?H=C;M J;L; F;M =;HNC
>;>?M ,8
28
,8
/
=8
/
28
/
8 R FIM JL?=CIM $8
/
$8
(8 R %8 N;F?M
KO?
C #;>IM
$8
(8
%8 R &8
F;M M?=O?H=C;M ,8
28
8 L?MO?FP?H ?F
JLI<F?G; >?F =IHMOGC>IL
G;Q
78
8
,8
8 99
,8 :
28:
,8
/
-/
$8
/ ,8
/ -/ %88 8 (828 &8
G;Q
$8
/
8
8
$8
/ $8
/
%7 $8
/ =8
/ (828
/
$8
8 7
78
=8
/ 828
/
=8
/ 8
$8
/
/ 9 :
28
/ -/
8
9$8
/ =8
/ (828
/: -/
$ '
+;M =IH>C=CIH?M >? JLCG?L IL>?H >?F JLI<F?G; >?F =IHMOGC>IL CH=FOR?H
,8
0
$8
0
$8
1
?M >?=CL
,8
1
,8
0
$8
0
$8
0 1 9 :
,8
OH; @OH=C
IH >? >?G;H>; JIL F; P;LC?>;> 0 9 : =IH ?F;MNC=C>;> JL?=CI
=IHMN;HN? ? CAO;F ;
?H >IH>? >?HCGIM ?F HCP?F >? JL?=CIM ;AL?A;>I =IGI
$8
$8
/
-/
-
IN?M? KO? ?M? HCP?F >? JL?=CIM ;AL?A;>I M;NCM@;=?
$8,8
$8
/ ,8
/ -/
1??GJF;S;H>I ?H F; L?MNLC==C
IH JL?MOJO?MN;LC; R L?MIFPC?H>I ?F JLI<F?G;
>? G;QCGCS;=C
IH ?H 8 R "8
I<N?H?GIM F;M =IH>C=CIH?M >? JLCG?L IL>?H
B;<CNO;F?M
$
8
9
, 8
9
,8
$8%8
R
9
,8
:
28
(8$8
$ '
,;QCGCS;H>I F; @OH=C
IH I<D?NCPI
8
$8
/ $8
/
(8
%7 $8
/ 8
$8
/
8
$8
/
$8
8
8 7
I<N?H?GIM F; =IH>C=C
IH >? JLCG?L IL>?H
8
(8
%7 8
$8
/ $8
/ 8
$8
/
$8
/
$8
/
8 8
7
8
$8
/ $8
/
$
/
$
/
8
8
%7
$8
$
8
7
+O?AI
(8
8
$8
/
$8
/ 8
$8
/ $8
/
$8
/ $8
/
%8
$8
$8
$8
/
$8
(8
,8
$8
/ 8
$8
/ $8
/
$8
/ $8
/
%8
$8
$8
R ;>?G
;M
,8
/ ,8
0 ,8
1??GJF;S;H>I ?H F; =IH>C=C
IH >? JLCG?L IL>?H ;HN?LCIL
(8$8
,8
8
$8
$8
%8
$8
$8
I<N?H?GIM OH; ?=O;=C
IH ?H >C@?L?H=C;M J;L; $8
##
9
,
/8
9
,8
8
8
9
, 8
:
28
;8
$8
$8
,8 8
8
/8
R =IG<CH;H>I F; =IH>C=C
IH >? P;=C;>I >? G?L=;>I =IH F; @OH=C
IH >? JLI
>O==C
IH
,8 828
-
IN?M? KO? MCH LCAC>?=?M HIGCH;F?M
F; ?=O;=C
IH
CGJFC=;
;8
8
FO?AI ?F M;F;LCI L?;F ?M CH>?J?H>C?HN? >? F;M P;LC;<F?M HIGCH;F?M
& %
=IH
,8
8 99
,8 :
28:
,8
/
-/
28
/ -/
R
28
/ 28
0 28
/ 0 9 : R
9
,
:
28
8
8
+; MIFO=C
IH ?=C?HN? L?KOC?L? JLI>O=CL F; GCMG; =;HNC>;> >? =;>; P;LC?>;>
JIL MCG?NL; ? CAO;F;L ?F L;NCI >? F;M ONCFC>;>?M G;LACH;F?M >?F I=CI R ?F
=IHMOGI ;F JLI>O=NI G;LACH;F >?F NL;<;DI
:
28
;8
8 8
9
,8
%
%#
!%
8
;8
;8
8
KO? ?M F; GCMG; =IH>C=C
IH KO? I<N?H>L;GIM MCH LCAC>?=?M HIGCH;F?M
+; CHNOC=C
IH ?M KO? =IH =?LI CH;=C
IH F;M ?GJL?M;M HI NC?H?H CH=?HNCPIM
J;L; =;G<C;L MOM JL?=CIM
?FCGCH;H>I F; >CMNILMC
IH CGJO?MN; JIL ?F =IMNI >?
;DOMN?
-
IN?M? KO? F; ;ONILC>;> GIH?N;LC; >?<? JL?I=OJ;LM? JIL F; ?MN;<CFC>;> >?
JL?=CIM ;OHKO?
?MN? HI M?; OH I<D?NCPI ?QJF=CNI >? JIFNC=;
% $
%
%#
4M;H>I
R
N?H?GIM KO? ?F =IMNI G;LACH;F L?;F >? JLI>O==C
IH ?M
;8
:
28
:
28
8
9
,8 8
9
828 8
#? INLI F;>I
MC ?MN;GIM MO=C?HN?G?HN? =?L=; >? OH ?MN;>I ?MN;=CIH;LCI
MCH CH;=C
IH
CGJFC=;
/8
1??GJF;S;H>I ?H
:
28
828 9 8 8:
9
828 8
9
828
/8
9
828
8
OH; L?F;=C
IH H?A;NCP; ?HNL? ?F ?GJF?I R F; N;M; >? CHN?L
?M L?;F
,)-
;OG?HN;>; JIL F;M ?QJ?=NCP;M MI<L? ?F JLI>O=NI @ONOLI
$ ( #
%
%#
/8 68 8 8
8 8
8 8
98 8
8:
8 98 8
8:
8
8
1
1
81 8
$MN; MIFO=C
IH HIM >C=? KO? F; CH;=C
IH >? BIR >?J?H>? N;H MIFI >? F; G?N;
>? CH;=C
IH ;HOH=C;>; R >? FIM P;FIL?M ')*%+ . ,+,)&* >? F;M MILJL?M;M
GIH?N;LC;M
$F JOHNI ?M KO? F; CH;=C
IH >? G;T
H;H;
8 ?M CH>?J?H>C?HN? >? F;
MILJL?M; GIH?N;LC; >? BIR
8
)"%"'"& .#&) 2C
?M >?=CL MC F; ;ONILC>;> GIH?N;LC; M?
=IGJLIG?N? ; ;=NO;L ;AL?MCP;G?HN? ?H ?F @ONOLI MCAOC?H>I OH; JIFNC=;
=IHNL;=NCP; ;HN? ;OG?HNIM ?H F; CH;=C
IH
JI>L; ?QJFIN;L ?H ?F =ILNI JF;SI
?F NL;>?I ?HNL? CH;=C
IH R >?M?GJF?I G?>C;HN? =BIKO?M MILJL?MCPIM ; F;
N;M; >? CHN?L
?M HIGCH;F
#!
0O
? I=OLL? MC
-
IN?M? KO? F; ?=O;=C
IH ?H >C@?L?H=C;M ?MNI=
;MNC=;
8<8 *
=IGI
8 8
8
8
2C
?MN; ?=O;=C
IH HI JO?>? L?MIFP?LM? B;=C; ;>?F;HN?
FO?AI
CN?L;GIM B;=C; ;NL
;M
8
8
8
8
8
8
8
8
8
8
8
1
1
81
81
?H >IH>?
1 81 ?M OH; M?=O?H=C; >? P;LC;<F?M ;F?;NILC; =IH G?>C; =?LI
JIMC<F?G?HN? MCH L?F;=C
IH =IH FIM @OH>;G?HNIM >? F; ?=IHIG;
*,%*'&+*
$F JLCH=CJCI >? 3;RFIL ?M H?=?M;LCI J;L; KO? F; CH;=C
IH
R JIL FI N;HNI F;M
>?G
;M P;LC;<F?M HIGCH;F?M
HI M? ?H=O?HNL?H CH>?N?LGCH;>;M
>?G
;M
?FCAC?H>I ;>?=O;>;G?HN? FIM P;FIL?M >? FIM J;L
;G?NLIM R =
M? JO?>? GCHCGCS;L F; J
?L>C>; >? <C?H?MN;L ;MI=C;>; =IH OM;L F; L?AF; MCG
JFC=;>; ?H P?S >? F; L?AF;
IJNCG;
,8
8 99
,8 :
28:
,8
/
-/
";>; P;LC?>;> >?F <C?H >? =IHMOGI ?M JLI>O=C>; JIL OH GIHIJIFCMN;
=IH @OH=C
IH >?
JLI>O==C
IH
=8
/ 828
/
$8
/ $8
/
$8
CC ;F=;H=? F; MIFO=C
IH ?=C?HN?